US SEC finds a way to keep up with the Kardashians

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US SEC finds a way to keep up with the Kardashians
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The US markets regulator announced last week that KimKardashian had agreed to pay $1.26 million to settle allegations that she broke US rules by touting a crypto token. Moneyweb CryptoCurrency

It seems that the Securities and Exchange Commission has finally found a way to keep up with the Kardashians. The US markets regulator announced last week that Kim Kardashian had agreed to pay $1.26 million to settle allegations that she broke US rules by touting a crypto token. The SEC said Kardashian did not disclose that she was paid $250 000 to post on her Instagram account about EMAX tokens, a crypto asset offered by EthereumMax.

Kardashian settled without admitting or denying the SEC allegations. And she agreed to refrain from touting any additional digital assets for three years. © 2022 Bloomberg L.P.

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